Meanwhile, India's foreign minister Pranab Mukherjee says during their two day summit in Sri Lanka, members of the South Asian Association of Regional Cooperation are set to adopt a treaty aimed at combating cross-border terrorism.

He said they also plan to launch a $300 million development fund and a South Asian University.

Trade, food security and energy shortfalls also are on the agenda.

But Pakistani Foreign Minister Shah Mahmood Qureshi Friday criticized the agenda, saying it falls far short of what the group should be doing.